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Mohawk College Spring/Summer 2003 Continuing Education ...

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PURCHASING<br />

MANAGEMENT<br />

ASSOCIATION OF CANADA<br />

PMAC, a nati ona l not- for-p rofit ass ocia tion,<br />

s e r v e s m o re t h a n 8 , 0 00 m em b e r s . M e m b er<br />

s e r vi c e s i n c l u de pr o f e s s io n a l d e v e lo p m e n t,<br />

training, seminars, certification, accreditation,<br />

ne two rki ng, an d u niv ers it y r ese arc h. PMA C<br />

consists of national office a nd ten provi ncial<br />

a n d t e r r i t o r i a l I n s t i t u t e s . S t r a t e g i c s u p p l y<br />

m a n a ge m e n t i s a n i n t e gr a l f u nc t i o n o f a n y<br />

b u s i n e s s , w i t h s i g n i f i c a n t i m p a c t o n t h e<br />

b o t t o m l i n e . P u r c h a s i n g d e c i s i o n s a r e<br />

strategically important, reflecting directly on a<br />

corporation’s bottom line, where a purchasing<br />

dollar saved has the same impact as $10.00 in<br />

sales. PMAC’s vision is to be reco gnized as<br />

leader in the development and advancement of<br />

w o r l d - c l a s s s u p p l y m a n a g e m e n t . P M A C ’ s<br />

mis sion is dedi ca te d to ser ving the need s of<br />

the supply management practitioners and the<br />

b u s i n e s s c o m m u n i t y b y a d v a n c i n g t h e<br />

strategic value of supply management through<br />

C on ti nu o us l ea rn i ng , St an d ar ds o f Pr ac t ic e,<br />

A d v o c a c y a n d p r o m o t i o n , R e s e a r c h ,<br />

Pa rt ne rs hi ps an d Net wo rk in g. Th e Ce rt if ie d<br />

Professional Purchaser (C.P.P.) designation is<br />

C a n a d a ’ s f o r e m o s t c r e d e n t i a l i n t h e<br />

purchasing and supply management field and<br />

is incre asingl y so ught after by o rganiz ations<br />

a n d e m p l o y e r s . C o u r s e s a n d s e m i n a r s i n<br />

essential tools and techniques of purchasing,<br />

l og i s ti c s a nd s u p pl y c ha i n m an a ge m en t a r e<br />

ta ug ht by l ea din g nat io na l and i nt ern at io nal<br />

experts. The accreditation program includes a<br />

one-week in-res idence course - the only on e<br />

of its kind in the world. PMAC also offers a<br />

C e r t i f i c a t e i n P u r c h a s i n g t o r e c o g n i z e<br />

t e c h n i c a l p r o f i c i e n c y i n p u r c h a s i n g a n d<br />

supply management. For more information on<br />

t he a s so c i at i on , p l e a s e co n ta c t yo u r PM A C<br />

P r o v i n c i a l I n s t i t u t e r e p r e s e n t a t i v e . I n c o -<br />

o p e r a t i o n w i t h P M A C , M o h a w k o f f e r s<br />

Princi ples co urses and Management courses.<br />

N O T E : R e f u n d s a n d t a x r e c e i p t s a r e<br />

p r o c e s s e d a n d i s s u e d b y t h e o f f e r i n g<br />

institution - NOT PMAC.<br />

For more details, contact Bryan Tynan,<br />

Coordinator, <strong>Education</strong> & Training,<br />

Ontario Institute of PMAC:<br />

Phone: (416)977-7566 X2149 or<br />

Fax: (416)977-4135, visit our<br />

web site at www.pmac.ca or<br />

email btynan@ontarioinstitute.com<br />

Program of Studies<br />

The C.P.P. (Certified Professional Purchaser)<br />

d e s i g n a t i o n i s a w a r d e d t o m e m b e r s w h o<br />

successfully complete all of the association’s<br />

educational program requirements including a<br />

c o m p r e h e n s i v e w r i t t e n e x a m i n a t i o n . T h e<br />

a s s o c i a t i o n a l s o a w a r d s t h e C e r t i f i c a t e i n<br />

Purchasing to those who complete only a subset<br />

of these requirements.<br />

C.P.P. Accreditation Program Requirements<br />

Ten Management Studies Courses<br />

Four PMAC Principles Courses<br />

(minimum 60% average in each)<br />

Twelve PMAC Seminar Credits<br />

Minimum Relevant Work Experience<br />

(depends on educational background)<br />

The Advanced Purchasing Management Course<br />

(1 week live-in)<br />

Comprehensive Written Examination<br />

(membership in PMAC is mandatory at this point)<br />

A S S O C I ATED PROFESSIONAL PROGRAMS<br />

Certificate in Purchasing Requirements<br />

Principles of Buying<br />

Two of the remaining three Principles courses<br />

Four PMAC Seminar Credits<br />

Payment of administrative fee<br />

NOTE: Courses offered in Fall and Winter<br />

semesters only<br />

P M A C ’ s P r i n c i p l e s C o u r s e s h a v e b e e n<br />

d e v e l o p e d i n c o n s u l t a t i o n w i t h l e a d i n g<br />

a c a d e m i c s a n d r e s e a r c h e r s t o p r o v i d e a<br />

comprehensive introduction to purchasing and<br />

supply management, inventory and operations<br />

c o n t r o l , t r a n s p o r t a t i o n a n d l o g i s t i c s , a n d<br />

q u a l i t y p r i n c i p l e s . T h e y i n c l u d e c u r r e n t<br />

theory, information, and practices, which can<br />

be applied to a variety of settings. Classroom<br />

s e s s i on s a r e i n t e r ac t i v e , i n c or p o r a ti n g c a s e<br />

s tu die s (s mal l a nd la rg e g ro up di scu ss io ns) ,<br />

short lectures and examinations.<br />

THE CERTIFIED FINANCIAL<br />

PLANNER PROGRAM<br />

T h e C ER T I FI E D F I NA N C I A L P L A N N E R<br />

(CFP) Program is an international recognized<br />

pr ofessi onal designat ion that is ad ministe red<br />

by the Financial Standards Council of Canada<br />

(FPSCC). The requirements to become a CFP<br />

involves the completion of the required course<br />

m a t e r i a l , s u c c e s s f u l l y p a s s i n g t h e<br />

a cc re di t at io n ex am s ( s ch ed ul ed i n J un e an d<br />

November each year), and having a minimum<br />

o f tw o ye ar s of p ra ct ic al e xp er ie nc e. I n th e<br />

past, <strong>Mohawk</strong> has been an associate provider<br />

f o r t h e C a n a d i a n I n s t i t u t e o f F i n a n c i a l<br />

Pl anning (CIF P), wh ich o ffered a s ix-cour se<br />

p r o g r a m t o c o m p l e t e t h e r e q u i r e d c o u r s e<br />

m a t er i a l f o r t h e F PS C C e x am s . As of Ap r i l<br />

2 0 0 2 , t h e C I F P h a s c h a n g e d t h e i r n a me t o<br />

I FS E an d ch an g e d t he ir C FP p ro gr am f ro m<br />

s i x t e x t - b a s e d c o u r s e s t o f o u r w e b b a s e d<br />

c o u r s e s . T h e C I F P w i l l g i v e a n y s t u d e n t s<br />

e n r ol l e d i n t h e ol d s i x - co u r s e pr o g r am o n e<br />

year to complete the courses in the text-based<br />

version. Therefore this is the last semester that<br />

<strong>Mohawk</strong> will offer these text-based courses.<br />

Any further concerns regarding this program,<br />

courses, transfers, etc. will have to contact<br />

CIFP in Toronto at (416) 865-1237. <strong>Mohawk</strong><br />

has developed an in-house CFP program that<br />

qualifies for the accreditation exams of the<br />

FPSCC. This will involve a four-course<br />

program that will cover the key issues of:<br />

Fundamentals of Financial Planning, Risk<br />

Management, Insurance, Investment Vehicles,<br />

Income Tax issues, Retirement Planning,<br />

Estate and Family concerns.<br />

For more information please call<br />

(905)575-2064 or (519)759-7200 ext. 2064<br />

or email cebus@mohawkcollege.ca<br />

Program of Studies<br />

OLD CIFP PROGRAM<br />

FP001 Personal Financial Planning<br />

FP002 Wealth Accumulation Fall<br />

FP003 Controlling the Future Winter, <strong>Spring</strong><br />

FP004 Strategic Investment Planning Fall, <strong>Spring</strong><br />

FP005 Risk Management and Estate Planning Winter<br />

FP006 Professional Practice Fall, <strong>Spring</strong><br />

MOHAWK CFP CERTIFICATE PROGRAM<br />

FP011 Financial Environment Fall, Winter, <strong>Spring</strong><br />

FP012 Life and Death issues of Financial Planning Winter<br />

FP013 Investment Planning <strong>Spring</strong><br />

FP014 Retirement Issues and Case studies<br />

PLEASE REGISTER 7 WORKING DAYS<br />

PRIOR TO THE START DATE TO<br />

ENSURE THAT A COURSE STUDY<br />

GUIDE IS ORDERED FOR YOU.<br />

DELIVERY CAN NOT BE GUARANTEED<br />

PRIOR TO THE FIRST CLASS.<br />

*Please refer to the Business Development<br />

section of the catalogue for day time offerings<br />

of the above courses.<br />

FINANCIAL ENVIRONMENT<br />

This course covers key aspects of financial<br />

planning including the time value of money,<br />

setting financial goals, budgeting, personal<br />

income tax, insurance, debt and credit<br />

management, ownership and investments.<br />

You will be introduced to the Canadian Income<br />

Tax System in regards to personal tax issues<br />

and concepts, tax strategies, and special<br />

issues in the area of personal financial planning.<br />

Textbooks to be purchased in <strong>Mohawk</strong><br />

Bookstore.<br />

FP011 FEE: $350.00 ☎<br />

S1 14 MO 6:30-9:30 FF Apr7 711050<br />

INVESTMENT PLANNING<br />

This course examines the nature of capital<br />

marketgs. You will be introduced to the<br />

characteristics of securities, the operation of<br />

securities markets and the issues underlying<br />

modern portfolio theory. The course describes<br />

Canadian financial markets, investor objectives<br />

and the selection of investments to fulfil these<br />

objectives given the limitations of risk and<br />

return. Textbooks to be purchased at <strong>Mohawk</strong><br />

Bookstore.<br />

FP013 FEE: $350.00 ☎<br />

S1 14 TU 6:30-9:30 FF Apr8 711054<br />

PROFESSIONAL PRACTICE<br />

Comprehensive Financial Practice and<br />

Professional Ethics: Gives a synopsis of the<br />

material discussed in the previous five<br />

courses. It also covers professional liability<br />

and the Code of Ethics of the Financial<br />

Planners Standards Council. Finally, five case<br />

studies help the students prepare for the<br />

Professional Proficiency Exam. (THE<br />

STUDENT BINDER MUST BE<br />

PURCHASED AT THE MOHAWK<br />

COLLEGE BOOKSTORE) Prerequisites:<br />

FP001, FP002, FP003, FP004, FP005. LAST<br />

TIME COURSE WILL BE OFFERED.<br />

FP006 FEE: $300.00 ☎<br />

S1 13 WE 6:30-9:30 FF Apr9 711051<br />

STRATEGIC INVESTMENT PLANNING<br />

Understanding Investment Products and<br />

Investment Strategies: Examines the<br />

characteristics of alternative investment<br />

products. Topics include fixed income<br />

products, equity products, mutual funds, real<br />

estate, and tax shelters. (THE STUDENT<br />

BINDER MUST BE PURCHASED AT THE<br />

MOHAWK COLLEGE BOOKSTORE)<br />

Prerequisite: FP001, FP002. LAST TIME<br />

COURSE WILL BE OFFERED.<br />

FP004 FEE: $300.00 ☎<br />

S1 13 TH 6:30-9:30 FF Apr10 711052<br />

Browse the catalogue on the web at cecat.mohawkc.on.ca 11

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